Gigable attracts funding from the ‘Who’s Who’ of Irish business

A high-profile group of investors, including former head of Google’s Irish operations John Herlihy and the founders of Voxpro, have backed Dublin-based Gigable – the firm behind an app that connects gig workers with companies hiring .

igable has raised €1.5 million in new funding and also seen just over €1 million in promissory notes converted into shares.

Files at the Companies Office reveal a who’s who of supporters of the company, which was founded and is run by former Army Capt. John Ryan.

Patrick Joy, the founder of Co Louth-based Suretank and a former EY Entrepreneur of the Year, is also an investor in Gigable, the filings show.

So does serial entrepreneur Tom Kennedy. He shared a profit of €249 million when the Hostelworld business he co-founded was sold in 2009.

Former Hostelworld CEO Feargal Mooney is also an investor in Gigable.

Mr Ryan said earlier this year that Gigable, which he founded in 2018, plans to raise €10m in Series A funding this year. New filings for the company show it sealed new funding in June.

Other supporters of the company include Dan and Linda Kiely, who founded Cork-based call center outsourcing company Voxpro, which was sold to Canadian company Telus in 2017 for around €150 million.

Enterprise Ireland has also joined forces to support Gigable, while private equity firm Delta Partners has also invested.

Gigable has also received funding from entrepreneurs Darragh Hammond and Dominic Galvin. They are behind Wicklow-based Cleanmarine, which focuses on selling health food brands.

Mr Ryan said the company has doubled its average monthly revenue since the end of the second quarter of this year, helped by increased usage and the resumption of sectoral work in areas such as events and related security.

He said that as of August this year, 91 percent of the “gigs,” or shifts, posted by companies on his platform had received a response from a freelance applicant who was willing to work.

Mr Ryan said the performance was “outstanding” in the industry, adding that it demonstrates Gigable’s ability to scale the business.

The company recently hired Janet Brennan-Gray as Chief Revenue Officer to lead its UK expansion. Ms. Brennan-Gray is the former Director of Sales and Brand Director at Wowcher and Livingsocial.

https://www.independent.ie/business/gigable-lures-funding-from-whos-who-of-irish-business-42007951.html Gigable attracts funding from the ‘Who’s Who’ of Irish business

Fry Electronics Team

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